Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

May 20, 2005 16:13 ET

Citadel Stable S-1 Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - May 20, 2005) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on May 31, 2005 and payable on June 15, 2005 is $0.0583 Cdn per unit.

As at May 19, 2005, Citadel Stable S-1's net asset value was $9.01 Cdn per unit. The current portfolio consists of 24% ongoing business trusts, 18% power generation funds, 17% real estate investment trusts, 14% oil and gas royalty trusts, 10% pipeline and energy distribution funds and 17% cash and cash equivalents.

Top Ten Holdings at May 19, 2005:

1) Atlantic Power Corporation
2) Summit Reit
3) Dundee Reit
4) Inter Pipeline Fund
5) TransAlta Power
6) Noranda Income Fund
7) Retirement Residences Reit
8) Keyera Facilities Income Fund
9) Yellow Pages Income Fund
10) Northland Power Income Fund

Contact Information

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