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

Citadel S-1 Income Trust Fund

May 29, 2006 13:00 ET

Citadel S-1 Income Trust Fund: Summary of Investment Portfolio as at March 31, 2006

CALGARY, ALBERTA--(CCNMatthews - May 29, 2006) - Citadel S-1 Income Trust Fund (TSX:SDL.UN):



SUMMARY OF INVESTMENT PORTFOLIO
As at March 31, 2006 (unaudited)

Net Assets: $71,050,327

Portfolio by Sector % of Net Assets
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Ongoing Business Trusts 19.18%
Oil & Gas Royalty Trusts 17.96%
Power Generation Investments 16.88%
Real Estate Investment Trusts 16.10%
Pipeline / Energy Investments 14.85%
Citadel S-1 units (repurchased for cancellation) 0.06%
Cash and Term Deposits 14.18%
Other Assets, net of liabilities 0.79%
------------------------------------------------------------------------
Total Net Assets 100.00%
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Top 25 Holdings

Keyera Facilities Income Fund 4.98%
Inter Pipeline Fund 4.65%
Transalta Power L.P. 4.56%
Dundee Reit 4.30%
Boralex Power Income Fund 3.85%
Northland Power Income Fund 3.49%
Algonquin Power Income Fund 3.22%
Royal LePage Franchise Services Fund 3.18%
Summit Reit 3.15%
ARC Energy Trust 2.70%
Firm Capital Mortgage Investment Trust 2.70%
Riocan Reit 2.60%
Fort Chicago Energy Partners L.P. 2.53%
Yellow Pages Income Fund 2.51%
NAL Oil & Gas Trust 2.48%
Paramount Energy Trust 2.31%
Enerplus Resources Fund 2.31%
Vermilion Energy Trust 2.29%
Amtelecom Income Fund 2.28%
CML Healthcare Income Fund 2.26%
Bonavista Energy Trust 2.12%
Harvest Energy Trust 2.03%
TransForce Income Fund 1.98%
AltaGas Income Trust 1.89%
TGS North American Reit 1.81%


The summary of investment portfolio may change due to ongoing portfolio transactions. Quarterly updates of the investment portfolio are available at www.citadelfunds.com.

Contact Information

  • Citadel S-1 Income Trust Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com