Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

March 22, 2007 09:30 ET

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

CALGARY, ALBERTA--(CCNMatthews - March 22, 2007) - Citadel S-1 Income Trust Fund (TSX:SDL.UN) reports the distribution to unitholders of record at the close of business on March 31, 2007 and payable on April 16, 2007 is $0.104 Cdn per unit.

Throughout the month of February 2007, Citadel S-1 repurchased 15,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 15, 2007, Citadel S-1's net asset value was $15.04 Cdn per unit. The current portfolio consists of 30% utility and infrastructure, 32% income funds, 18% oil and gas royalty trusts, 19% real estate investment trusts, and 1% cash and cash equivalents.

Top Ten Holdings at March 20, 2007:

1) Northland Power Income Fund
2) Inter Pipeline Fund
3) Firm Capital Mortgage Investment Trust
4) Keyera Facilities Income Fund
5) Altagas Income Trust
6) Dundee Reit
7) Amtelecom Income Fund
8) Riocan Reit
9) Yellow Pages Income Fund
10) ARC Energy Trust

Contact Information

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